SDOW vs. ^DJI
Compare and contrast key facts about ProShares UltraPro Short Dow30 (SDOW) and Dow Jones Industrial Average (^DJI).
SDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (-300%). It was launched on Feb 11, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDOW or ^DJI.
Key characteristics
| SDOW | ^DJI | |
|---|---|---|
| YTD Return | -34.08% | 16.63% |
| 1Y Return | -47.53% | 26.22% |
| 3Y Return (Ann) | -22.59% | 6.80% |
| 5Y Return (Ann) | -39.98% | 9.47% |
| 10Y Return (Ann) | -37.31% | 9.59% |
| Sharpe Ratio | -1.51 | 2.53 |
| Sortino Ratio | -2.51 | 3.58 |
| Omega Ratio | 0.72 | 1.48 |
| Calmar Ratio | -0.50 | 4.63 |
| Martin Ratio | -1.72 | 14.19 |
| Ulcer Index | 28.94% | 1.97% |
| Daily Std Dev | 32.94% | 11.06% |
| Max Drawdown | -99.94% | -53.78% |
| Current Drawdown | -99.94% | -0.76% |
Correlation
The correlation between SDOW and ^DJI is -1.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SDOW vs. ^DJI - Performance Comparison
In the year-to-date period, SDOW achieves a -34.08% return, which is significantly lower than ^DJI's 16.63% return. Over the past 10 years, SDOW has underperformed ^DJI with an annualized return of -37.31%, while ^DJI has yielded a comparatively higher 9.59% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SDOW vs. ^DJI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Dow30 (SDOW) and Dow Jones Industrial Average (^DJI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
SDOW vs. ^DJI - Drawdown Comparison
The maximum SDOW drawdown since its inception was -99.94%, which is greater than ^DJI's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for SDOW and ^DJI. For additional features, visit the drawdowns tool.
Volatility
SDOW vs. ^DJI - Volatility Comparison
ProShares UltraPro Short Dow30 (SDOW) has a higher volatility of 14.00% compared to Dow Jones Industrial Average (^DJI) at 4.54%. This indicates that SDOW's price experiences larger fluctuations and is considered to be riskier than ^DJI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.